Michigan Compiled Laws
276-1999-2 - Chapter 2 Financial Institutions Bureau (487.12101...487.12410)
276-1999-2-4 - Part 4 Receiverships and Conservatorships (487.12401...487.12410)

Section 487.12401 - Liquidation; Receiver or Other Liquidating Agent. - Sec. 2401. (1) Except as provided in subsection (2), a...

Section 487.12402 - Appointment of Receiver; Conditions; Procedures. - Sec. 2402. (1) If a bank has refused to pay...

Section 487.12403 - Receiver; Duties; Powers. - Sec. 2403. (1) Subject to court approval, a receiver shall...

Section 487.12404 - Lien on Property or Assets; Voidable Transfer. - Sec. 2404. (1) A transfer of or lien on the...

Section 487.12405 - Records. - Sec. 2405. (1) On approval by the court, the receiver...

Section 487.12406 - Conservator; Appointment; Bond and Security; Qualifications; Expenses. - Sec. 2406. (1) If any of the grounds under section...

Section 487.12407 - Conservator; Rights, Powers, and Privileges. - Sec. 2407. (1) The conservator, under the direction of the...

Section 487.12408 - Deposits Received While Bank in Conservatorship. - Sec. 2408. (1) While a bank is in conservatorship, the...

Section 487.12409 - Authority of Conservator to Borrow Money; Purpose. - Sec. 2409. With the prior approval of the commissioner, the...

Section 487.12410 - Termination of Conservatorship. - Sec. 2410. (1) If satisfied that it may be done...